Observations

ByteDance Files 'AZJWXJ' Trademark Amid Growing Tech Influence

ByteDance Files 'AZJWXJ' Trademark Amid Growing Tech Influence Sep/24/2024

On September 16, ByteDance Technology, owner of TikTok, filed a trademark application for 'AZJWXJ' in the US, covering a range of electronic components, including capacitors, transistors, and semiconductor chips. Valued at $220 billion as of April 2024, ByteDance is the world's highest-valued unicorn, reinforcing its position as a leading global tech entity. While China, ByteDance's home base, boasts the highest-valued unicorns, the US leads in total unicorn numbers. The finance sector, with giants like Ant Group, holds the top unicorn valuations in China. The visualization below provides detailed insights into ByteDance's new trademark filing in the US.